IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v178y2021icp549-559.html
   My bibliography  Save this article

Renewable energy technology transition among small-and-medium scale firms in Ghana

Author

Listed:
  • Asante, Dennis
  • He, Zheng
  • Mintah Ampaw, Enock
  • Gyamerah, Samuel
  • Ankrah Twumasi, Martinson
  • Opoku-Mensah, Evans
  • Kyere, Francis
  • Asante, Bismark
  • Afia Akyia, Ellen

Abstract

Renewable energy transition has become popular in the wake of rapid climate change and energy volatility. National governments and global stakeholders have instituted several policy mechanisms to enhance cleaner energy transitions. However, extant literature has indicated the inadequacy of mere supportive policies in the transition process. Herein, we integrate intuitions from different academic traditions to develop a framework to investigate entrepreneurs’ solar energy adoption in Ghana. Overall, two constructs from the innovation-diffusion model (relative advantage and observability), two from environmental psychology (personal and social norms), and a policy incentives factor constituted the research model. Cross sectional survey response from small-and-medium scale entrepreneurs (N = 320) was obtained. By employing the structural equation modelling technique, pro-environmental norms showed relatively stronger association with solar adoption. The integration of hypotheses from different research traditions offers higher insights than the value of each model tested independently. The findings can be useful to both researchers and policymakers towards the fight against climate change.

Suggested Citation

  • Asante, Dennis & He, Zheng & Mintah Ampaw, Enock & Gyamerah, Samuel & Ankrah Twumasi, Martinson & Opoku-Mensah, Evans & Kyere, Francis & Asante, Bismark & Afia Akyia, Ellen, 2021. "Renewable energy technology transition among small-and-medium scale firms in Ghana," Renewable Energy, Elsevier, vol. 178(C), pages 549-559.
    • Handle: RePEc:eee:renene:v:178:y:2021:i:c:p:549-559
    DOI: 10.1016/j.renene.2021.06.111
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148121009770
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2021.06.111?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Komendantova, Nadejda & Patt, Anthony & Barras, Lucile & Battaglini, Antonella, 2012. "Perception of risks in renewable energy projects: The case of concentrated solar power in North Africa," Energy Policy, Elsevier, vol. 40(C), pages 103-109.
    2. Margaret Adobea Oduro & Samuel Gyamfi & Samuel Asumadu-Sarkodie & Francis Kemausuor, 2020. "Evaluating the Success of Renewable Energy and Energy Efficiency Policies in Ghana: Matching the Policy Objectives against Policy Instruments and Outcomes," Chapters, in: Mansour Al Qubeissi & Ahmad El-Kharouf & Hakan Serhad Soyhan (ed.), Renewable Energy - Resources, Challenges and Applications, IntechOpen.
    3. Ghimire, Laxman Prasad & Kim, Yeonbae, 2018. "An analysis on barriers to renewable energy development in the context of Nepal using AHP," Renewable Energy, Elsevier, vol. 129(PA), pages 446-456.
    4. Dincer, Ibrahim, 2000. "Renewable energy and sustainable development: a crucial review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 4(2), pages 157-175, June.
    5. Asante, Dennis & He, Zheng & Adjei, Nana Osae & Asante, Bismark, 2020. "Exploring the barriers to renewable energy adoption utilising MULTIMOORA- EDAS method," Energy Policy, Elsevier, vol. 142(C).
    6. Williams, Nathaniel J. & Jaramillo, Paulina & Taneja, Jay & Ustun, Taha Selim, 2015. "Enabling private sector investment in microgrid-based rural electrification in developing countries: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1268-1281.
    7. Johan Jansson, 2011. "Consumer eco‐innovation adoption: assessing attitudinal factors and perceived product characteristics," Business Strategy and the Environment, Wiley Blackwell, vol. 20(3), pages 192-210, March.
    8. Willis, Ken & Scarpa, Riccardo & Gilroy, Rose & Hamza, Neveen, 2011. "Renewable energy adoption in an ageing population: Heterogeneity in preferences for micro-generation technology adoption," Energy Policy, Elsevier, vol. 39(10), pages 6021-6029, October.
    9. Bugaje, I.M., 2006. "Renewable energy for sustainable development in Africa: a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(6), pages 603-612, December.
    10. Jager, Wander, 2006. "Stimulating the diffusion of photovoltaic systems: A behavioural perspective," Energy Policy, Elsevier, vol. 34(14), pages 1935-1943, September.
    11. Wander Jager & Marco A. Janssen, 2002. "Stimulating diffusion of green products," Journal of Evolutionary Economics, Springer, vol. 12(3), pages 283-306.
    12. Zhai, Pei & Williams, Eric D., 2012. "Analyzing consumer acceptance of photovoltaics (PV) using fuzzy logic model," Renewable Energy, Elsevier, vol. 41(C), pages 350-357.
    13. Lee Cronbach, 1951. "Coefficient alpha and the internal structure of tests," Psychometrika, Springer;The Psychometric Society, vol. 16(3), pages 297-334, September.
    14. Mahapatra, Krushna & Gustavsson, Leif, 2008. "An adopter-centric approach to analyze the diffusion patterns of innovative residential heating systems in Sweden," Energy Policy, Elsevier, vol. 36(2), pages 577-590, February.
    15. Rahbauer, Sebastian & Menapace, Luisa & Menrad, Klaus & Lang, Hannes, 2018. "Determinants for the adoption of green electricity by German SMEs – An empirical examination," Energy Policy, Elsevier, vol. 123(C), pages 533-543.
    16. William Gboney, 2009. "Policy and regulatory framework for renewable energy and energy efficiency development in Ghana," Climate Policy, Taylor & Francis Journals, vol. 9(5), pages 508-516, September.
    17. Luthra, Sunil & Kumar, Sanjay & Garg, Dixit & Haleem, Abid, 2015. "Barriers to renewable/sustainable energy technologies adoption: Indian perspective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 762-776.
    18. Labay, Duncan G & Kinnear, Thomas C, 1981. "Exploring the Consumer Decision Process in the Adoption of Solar Energy Systems," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 8(3), pages 271-278, December.
    19. Gyamfi, Samuel & Modjinou, Mawufemo & Djordjevic, Sinisa, 2015. "Improving electricity supply security in Ghana—The potential of renewable energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 43(C), pages 1035-1045.
    20. Ostlund, Lyman E, 1974. "Perceived Innovation Attributes as Predictors of Innovativeness," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 1(2), pages 23-29, Se.
    21. H. Peyton Young, 2009. "Innovation Diffusion in Heterogeneous Populations: Contagion, Social Influence, and Social Learning," American Economic Review, American Economic Association, vol. 99(5), pages 1899-1924, December.
    22. Ritsuko Ozaki, 2011. "Adopting sustainable innovation: what makes consumers sign up to green electricity?," Business Strategy and the Environment, Wiley Blackwell, vol. 20(1), pages 1-17, January.
    23. Baharoon, Dhyia Aidroos & Rahman, Hasimah Abdul & Fadhl, Saeed Obaid, 2016. "Personal and psychological factors affecting the successful development of solar energy use in Yemen power sector: A case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 516-535.
    24. Sidiras, Dimitrios K. & Koukios, Emmanuel G., 2004. "Solar systems diffusion in local markets," Energy Policy, Elsevier, vol. 32(18), pages 2007-2018, December.
    25. Mills, Bradford F. & Schleich, Joachim, 2009. "Profits or preferences? Assessing the adoption of residential solar thermal technologies," Energy Policy, Elsevier, vol. 37(10), pages 4145-4154, October.
    26. Ozaki, Ritsuko & Sevastyanova, Katerina, 2011. "Going hybrid: An analysis of consumer purchase motivations," Energy Policy, Elsevier, vol. 39(5), pages 2217-2227, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yan, Xiang & Bai, Jiancheng & Zhang, Yueyan & Hu, Shiliang, 2022. "Can the ecological environment reverse feed renewable energy technology innovation? -- Heterogeneity test from the Yangtze River Economic Belt," Renewable Energy, Elsevier, vol. 195(C), pages 1381-1392.
    2. Asante, Dennis & Ampah, Jeffrey Dankwa & Afrane, Sandylove & Adjei-Darko, Peter & Asante, Bismark & Fosu, Edward & Dankwah, Dennis Ampah & Amoh, Prince Oppong, 2022. "Prioritizing strategies to eliminate barriers to renewable energy adoption and development in Ghana: A CRITIC-fuzzy TOPSIS approach," Renewable Energy, Elsevier, vol. 195(C), pages 47-65.
    3. Kyere, Francis & Dongying, Sun & Bampoe, Gertrude Dotse & Kumah, Naana Yaa Gyamea & Asante, Dennis, 2024. "Decoding the shift: Assessing household energy transition and unravelling the reasons for resistance or adoption of solar photovoltaic," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    4. Chayjan, Melika Rezaei & Dehghanian, Farzad & Kakhki, Mohammad Daneshvar, 2024. "Modeling residential photovoltaic adoption: A system dynamics approach for solar energy expansion," Energy Policy, Elsevier, vol. 189(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Magdalena Grębosz-Krawczyk & Agnieszka Zakrzewska-Bielawska & Beata Glinka & Aldona Glińska-Neweś, 2021. "Why Do Consumers Choose Photovoltaic Panels? Identification of the Factors Influencing Consumers’ Choice Behavior regarding Photovoltaic Panel Installations," Energies, MDPI, vol. 14(9), pages 1-20, May.
    2. Heiskanen, Eva & Matschoss, Kaisa, 2017. "Understanding the uneven diffusion of building-scale renewable energy systems: A review of household, local and country level factors in diverse European countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 580-591.
    3. Gadenne, David & Sharma, Bishnu & Kerr, Don & Smith, Tim, 2011. "The influence of consumers' environmental beliefs and attitudes on energy saving behaviours," Energy Policy, Elsevier, vol. 39(12), pages 7684-7694.
    4. Asante, Dennis & He, Zheng & Adjei, Nana Osae & Asante, Bismark, 2020. "Exploring the barriers to renewable energy adoption utilising MULTIMOORA- EDAS method," Energy Policy, Elsevier, vol. 142(C).
    5. Bai, Yin & Liu, Yong, 2013. "An exploration of residents’ low-carbon awareness and behavior in Tianjin, China," Energy Policy, Elsevier, vol. 61(C), pages 1261-1270.
    6. Bukari, Dramani & Kemausuor, Francis & Quansah, David A. & Adaramola, Muyiwa S., 2021. "Towards accelerating the deployment of decentralised renewable energy mini-grids in Ghana: Review and analysis of barriers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    7. Karytsas, Spyridon & Theodoropoulou, Helen, 2014. "Public awareness and willingness to adopt ground source heat pumps for domestic heating and cooling," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 49-57.
    8. Bao, Qifang & Sinitskaya, Ekaterina & Gomez, Kelley J. & MacDonald, Erin F. & Yang, Maria C., 2020. "A human-centered design approach to evaluating factors in residential solar PV adoption: A survey of homeowners in California and Massachusetts," Renewable Energy, Elsevier, vol. 151(C), pages 503-513.
    9. Asante, Dennis & Ampah, Jeffrey Dankwa & Afrane, Sandylove & Adjei-Darko, Peter & Asante, Bismark & Fosu, Edward & Dankwah, Dennis Ampah & Amoh, Prince Oppong, 2022. "Prioritizing strategies to eliminate barriers to renewable energy adoption and development in Ghana: A CRITIC-fuzzy TOPSIS approach," Renewable Energy, Elsevier, vol. 195(C), pages 47-65.
    10. Qin, Yong & Xu, Zeshui & Wang, Xinxin & Škare, Marinko, 2022. "Green energy adoption and its determinants: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 153(C).
    11. Ryszard Kata & Kazimierz Cyran & Sławomir Dybka & Małgorzata Lechwar & Rafał Pitera, 2021. "Economic and Social Aspects of Using Energy from PV and Solar Installations in Farmers’ Households in the Podkarpackie Region," Energies, MDPI, vol. 14(11), pages 1-21, May.
    12. Strazzera, Elisabetta & Meleddu, Daniela & Contu, Davide & Fornara, Ferdinando, 2024. "Willingness to pay for innovative heating/cooling systems: A comprehensive appraisal of drivers and barriers to adoption in Ireland and Italy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 192(C).
    13. Sopha, Bertha Maya & Klöckner, Christian A. & Skjevrak, Geir & Hertwich, Edgar G., 2010. "Norwegian households' perception of wood pellet stove compared to air-to-air heat pump and electric heating," Energy Policy, Elsevier, vol. 38(7), pages 3744-3754, July.
    14. Natália Gava Gastaldo & Graciele Rediske & Paula Donaduzzi Rigo & Carmen Brum Rosa & Leandro Michels & Julio Cezar Mairesse Siluk, 2019. "What is the Profile of the Investor in Household Solar Photovoltaic Energy Systems?," Energies, MDPI, vol. 12(23), pages 1-18, November.
    15. Johan Jansson, 2011. "Consumer eco‐innovation adoption: assessing attitudinal factors and perceived product characteristics," Business Strategy and the Environment, Wiley Blackwell, vol. 20(3), pages 192-210, March.
    16. Houda Elmustapha & Thomas Hoppe & Hans Bressers, 2018. "Understanding Stakeholders’ Views and the Influence of the Socio-Cultural Dimension on the Adoption of Solar Energy Technology in Lebanon," Sustainability, MDPI, vol. 10(2), pages 1-17, January.
    17. He, Pan & Veronesi, Marcella, 2017. "Personality traits and renewable energy technology adoption: A policy case study from China," Energy Policy, Elsevier, vol. 107(C), pages 472-479.
    18. Oryani, Bahareh & Koo, Yoonmo & Rezania, Shahabaldin & Shafiee, Afsaneh, 2021. "Barriers to renewable energy technologies penetration: Perspective in Iran," Renewable Energy, Elsevier, vol. 174(C), pages 971-983.
    19. Fabian Scheller & Isabel Doser & Daniel Sloot & Russell McKenna & Thomas Bruckner, 2020. "Exploring the Role of Stakeholder Dynamics in Residential Photovoltaic Adoption Decisions: A Synthesis of the Literature," Energies, MDPI, vol. 13(23), pages 1-31, November.
    20. Yaqoot, Mohammed & Diwan, Parag & Kandpal, Tara C., 2016. "Review of barriers to the dissemination of decentralized renewable energy systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 477-490.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:178:y:2021:i:c:p:549-559. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.